Disadvantage of vertical integration

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Reference no: EM132222355

1. Patent-able criteria used to judge viability, include asking “is it” or “does it include characteristics of”

a. Novel b. Utilitarian c. None obviousness d. None of the above

2. True or false? If you change the programming in your spreadsheet, you need to run Solver again and determine a new solution.

True

False

3. Which of the following is NOT a disadvantage of vertical integration?

decreased product quality

increased business risk

less flexibility in accommodating shifting buyer preferences

capacity matching problems

slowness to embrace technological advances

4. A late-mover advantage does NOT arise when?

market uncertainties make it difficult to ascertain what will eventually succeed.

pioneering helps build a firm's reputation with buyers and creates brand loyalty.

products of an innovator are simple, do not need a high customer understanding, and are easy to penetrate the market with.

rapid market evolution gives fast followers the opening to leapfrog a first mover's products with more attractive next-version products.

property rights protections in the form of patents, copyrights, and trademarks prevent the ready imitation of initial moves.

5. Buisnesses should look only at their self-interests and recognize that they don't belong to a larger group that expexts responsible participation.

True or False

Reference no: EM132222355

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